(NC) — Recent studies reveal that Baby Boomers are embracing technology and going online in ever-increasing numbers, with online banking usage particularly high. According to a BMO Financial Group study, almost 60 per cent of those aged 55 plus were banking online in 2011, up from just 20 per cent in 2010. Additionally, adults between 55 and 66 are the biggest group of online spenders. They also spend more money on technology than any other demographic group. From social media to online investing, the surge in Boomers who have a personal, professional or financial presence online shows no signs of slowing down. As this segment of the population begins to retire in greater numbers, many have more time to dedicate to keeping track of and managing their investments. As always, making the right money decisions online is critical to the health of any portfolio. To aid in this BMO InvestorLine recently introduced a service that provides advice on how to manage their investment portfolio. The first service of its kind in Canada, it puts you in control by providing specific buy and sell recommendations to help manage your portfolio. This is a new way for Canadians to invest. Alternately, individuals who prefer to make investment decisions independently can use the company's self-directed service.